We are live on ! Find out more
FFC

Flaherty & Crumrine Preferred and Income Securities Fund
FFC

74 hedge funds and large institutions have $110M invested in Flaherty & Crumrine Preferred and Income Securities Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 30 increasing their positions, 19 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 19

13% more capital invested

Capital invested by funds: $97.5M → $110M (+$12.8M)

1.58% more ownership

Funds ownership: 11.59% → 13.17% (+1.6%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

6% less funds holding

Funds holding: 79 → 74 (-5)

45% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 11

Holders
74
Holders Change
-5
Holders Change %
-6.33%
% of All Funds
1.69%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
6
Increased
30
Reduced
19
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
OA
Oxbow Advisors
Texas
+$7.19M
2
Invesco
Invesco
Georgia
+$2.65M
3
AF
Affiance Financial
Minnesota
+$2.31M
4
Cohen & Steers
Cohen & Steers
New York
+$1.93M
5
Wells Fargo
Wells Fargo
California
+$981K

Top Sellers

1
WAM
Wolverine Asset Management
Illinois
-$2.97M
2
LPL Financial
LPL Financial
California
-$856K
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$260K
4
WAM
Weiss Asset Management
Massachusetts
-$204K
5
COLIM
City of London Investment Management
United Kingdom
-$185K
Name Holding Trade Value Shares
Change 		Change in
Stake
IA
51
IFP Advisors
Florida
$126K -$9.31K -498 -7%
JCM
52
Jacobi Capital Management
Pennsylvania
$112K -$33.3K -1,783 -23%
APA
53
American Portfolios Advisors
New York
$107K +$337 +18 +0.3%
MCM
54
Mainstay Capital Management
Michigan
$66K – – –
WC
55
Westwind Capital
New Mexico
$58K – – –
RFC
56
Regions Financial Corp
Alabama
$55K +$53.9K +2,881 New
WTB
57
Washington Trust Bank
Washington
$42K – – –
NSIM
58
North Star Investment Management
Illinois
$40K – – –
TA
59
Townsend & Associates
Colorado
$38K – – –
Northwestern Mutual Wealth Management
60
Northwestern Mutual Wealth Management
Wisconsin
$31K -$96.6K -5,163 -76%
AF
61
Advisornet Financial
Minnesota
$29K +$7.74K +414 +38%
CFA
62
Carroll Financial Associates
North Carolina
$28K – – –
SF
63
Synovus Financial
Georgia
$25K – – –
Bank of Montreal
64
Bank of Montreal
Ontario, Canada
$23K – – –
PCG
65
Private Capital Group
Connecticut
$19K – – –
SPIA
66
Steward Partners Investment Advisory
New York
$17K – – –
LA
67
Legacy Advisors
Pennsylvania
$13K – – –
GCM
68
Gables Capital Management
Florida
$11K +$11.2K +600 New
Manulife (Manufacturers Life Insurance)
69
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$9K -$9.35K -500 -50%
AF
70
Allworth Financial
California
$9K +$9.35K +500 New
AWM
71
Avior Wealth Management
Nebraska
$8K – – –
WT
72
Whittier Trust
California
$5K -$4.64K -248 -50%
OSNBOA
73
Old Second National Bank of Aurora
Illinois
$3K – – –
LC
74
Landaas & Company
Wisconsin
$2K +$2.17K +116 New
WAM
75
Wolverine Asset Management
Illinois
– -$2.97M -156,116 Closed
1 2
3
4

FFC Hedge Fund Activity: Q2 2018 in Review

74 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Preferred and Income Securities Fund (FFC) for Q2 2018, worth a combined $110M — up 13% from $97.5M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of FFC and 6 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 30 added.

The largest buyer was Oxbow Advisors, opening a new position worth an estimated $7.19M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $2.97M sold.

  • 74 institutional investors held Flaherty & Crumrine Preferred and Income Securities Fund (FFC) as of Q2 2018, down from 79 in Q1 2018.
  • Funds reported $110M of Flaherty & Crumrine Preferred and Income Securities Fund stock for Q2 2018, up 13% quarter-over-quarter.
  • 6 funds opened new Flaherty & Crumrine Preferred and Income Securities Fund positions in Q2 2018 and 11 closed out, a net change of -5 holders.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund buyer in Q2 2018 was Oxbow Advisors, an estimated $7.19M added.
  • The largest Flaherty & Crumrine Preferred and Income Securities Fund seller in Q2 2018 was Wolverine Asset Management, an estimated $2.97M sold.

Based on aggregated 13F filings for Q2 2018.